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HYL - CNQ, Toronto
HYK - Frankfurt
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| Latest News: |
| November 20, 2008 |
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Hy lake appoints two new independent board members
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| October 02, 2008 |
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Hy Lake Completes 6342 Metre First Stage 2008 Drill Program
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| September 22, 2008 |
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Hy lake gold announces closing of $750,000 financing with Mineralfields
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| May 15, 2008 |
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Hy Lake Gold Reports 47.22 GPT Gold from Initial Surface Samples at Red Summit Property
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More News |
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Hy Lake Factsheet
[1.2 MB pdf] |
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The Red Summit property was recently optioned from Claude Resources, in March of 2008. The property consists of two contiguous patented mining claims (KRL 10235 and 10358), totaling approximately 26 hectares in Todd Township. The property is located within the Rowan Lake property, which the company has optioned from Goldcorp.
The Red Summit Property contains the past-producing Red Summit Mine, which produced 277 ounces in 1935-1936.
The Red Summit deposit is hosted in Balmer Assemblage rocks intruded by a quartz diorite stock. The mineralized veins are hosted in a shear zone, associated with the deformation zone
and crosses the contact between the quartz diorite and Balmer Assemblage rocks. Gold
is associated with coarse bronze coloured pyrite in blue-grey quartz veins.
Having the Rowan, Mount Jamie and Red Summit mines, all on the Pipestone Bat – St. Paul Bay deformation zone, allows Hy Lake unimpeded exploration access between these mines along the Company's more than 12 kilometre strike length of the zone.
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